Audit Director, Franchise Risk & Strategy

Recruiter
Citi
Location
New York
Salary
Competitive
Posted
Sep 20, 2016
Closes
Sep 24, 2016
Industry
Education
Employer Type
Direct Employer
Employment Type
Permanent
Hours
Full Time
Job Board
NYCityWorks.com
Job Description:

* Primary Location: United States,New York,New York * Education: Bachelor's Degree * Job Function: Audit * Schedule: Full-time * Shift: Day Job * Employee Status: Regular * Travel Time: Yes, 10 % of the Time * Job ID: Description Internal Audit is a global organization of over 1000 professionals covering Citi's global businesses and service to clients and customers in over 180 countries. Citi's Internal Audit division provides independent assessments of the company's governance, risk management and internal control environment for key stakeholders including the Board of Directors, senior management and Citi's numerous regulators globally. Internal Audit is a change agent within Citi aimed to enhance the control culture of Citigroup worldwide and thereby support senior management decision making around the globe. This role provides the Internal Audit organization with strategic direction in the establishment of risk-based auditing and reporting methodologies, organization design, and effective positioning of the function to ensure provision of independent assurance which is consistent and aligned with Citigroup and Citibank business objectives, and to ensure the timely delivery of high quality, value added assurance and audit reports which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi's respective regulators, globally. This individual will lead the efforts around our comprehensive audit program of coverage relating to Citi's Capital Planning processes in coordination with the established IA teams responsible for coverage of Finance, Franchise Risk & Strategy, Technology and the businesses to ensure Citi has a robust, sustainable and forward-looking Capital Planning process. This individual will direct all audit activities supporting global capital planning activities as prescribed in the audit annual plan, in accordance with IA standards, Citi policies, and local regulations. Also responsible for providing valued and timely independent assurance on the design and operating effectiveness of the controls supporting Citi's Capital Planning processes at a global level. Additional responsibilities include the oversight of the delivery of high quality, value-add audits on time and to specification as well as timely delivery of high-quality regulatory and internal audit issue validation, and where determined appropriate issue validation on other remediation actions, including issues arising from the external auditors, consultants and other parties. Key Responsibilities: * Sets and/or contributes to strategic direction and medium to long term planning of Citi's Internal Audit (IA) function in the establishment of risk based auditing and branch examinations, which includes reporting methodologies, organizational design and effective positioning of the function to ensure provision of independent assurance. This is to be consistent and aligned with Citigroup and Citibank business objectives. * Uses excellent communication, leadership and strong management skills to influence a wide range of internal audiences including respective product, function, or regional executive management partners and external audiences including regulators and external auditors. Frequently engages in both internal and external negotiations which will have a major impact on the function, and possibly on the organization as a whole. * Directs comprehensive audit activities supporting a product line, function, or legal entity at the global or regional level including a significant portion of the audit annual plan, in accordance with IA standards, Citi policies, and local regulations. Typically responsible for providing valued and timely independent assurance on the design and operating effectiveness of a product, function, or legal entity at a global or regional level. * Responsible to oversee the delivery of high quality, value-added multiple concurrent audits on time and to specification. * Ensures the delivery of audit reports and (where appropriate) branch examinations that are complete, insightful, timely, error free and concise. * Ensures timely delivery of high-quality comprehensive regulatory and internal audit issue validation, and where determined appropriate issue validation on other remediation actions, including issues arising from the external auditors, consultants and other parties. * Delivers high impact reports of IA's contributions to executive management, regulators, and Citigroup and Citibank boards' sub-committees, developing trend analyses and thematic reporting. * Manages multiple teams of global or regional Audit professionals through other senior managers. Recruits staff, develops talent, builds effective teams, and manages a budget. Identifies internal talent and fills key positions, attracts talent with required expertise to meet the risk profile of the business, builds deep bench strength and develops appropriate succession plans. Possesses a broad and comprehens